Kornit Digital Reveals CFO Change and Initiates $100 Million Stock Buyback Program
CFO Transition: Kornit Digital's CFO Lauri Hanover will resign for personal reasons but will remain until mid-December 2025 to ensure a smooth transition to incoming CFO Assaf Zipori, who previously served as Global CFO of Nano Dimension.
Share Repurchase Program: Kornit Digital announced a new share repurchase authorization of up to $100 million, reflecting its strong financial position and ongoing capital-allocation strategy, following $165 million in buybacks since 2023.
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Kornit Digital to Release Q4 and Full Year 2025 Financial Results on February 11
- Earnings Release Schedule: Kornit Digital will announce its Q4 and full year 2025 financial results on February 11, 2026, prior to market open, providing investors with critical performance metrics and future outlook.
- Conference Call Details: The company will host an earnings conference call at 8:30 AM ET on the same day to review financial results and operational insights, enhancing investor confidence in the company's future growth.
- Replay Information: Investors can access a replay of the conference call via the company's website or designated phone numbers, ensuring that those unable to participate live can still obtain important information, thereby increasing transparency.
- Global Market Leadership: Kornit Digital is a global leader in sustainable digital fashion and textile production technologies, serving customers in over 100 countries, showcasing its significant impact and innovative capabilities within the industry.
Kornit Digital CFO Lauri Hanover Steps Down, Assaf Zipori to Take Over; Company Plans $100 Million Stock Buyback
CFO Transition: Kornit Digital's CFO Lauri Hanover has resigned for personal reasons, with Assaf Zipori appointed as her successor, effective mid-December 2025.
Stock Repurchase Authorization: The company has been authorized to repurchase up to $100 million of its common stock, adding to the $165 million already repurchased in 2023.
Market Performance: In pre-market trading, Kornit Digital's shares rose by 1.65%, reaching $12.91 on the Nasdaq.
Author's Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
